Western Pennsylvania Racino Properties

All the speculation has been settled. The new harness racing track is coming to Lawrence County. The new track will be located between New Castle, PA and the Ohio line. The track will be situated along Route 422. It means a lot to the economic development of that area but what does it mean for the real estate values of the surrounding land? As real estate professionals dealing with horse related properties we have kept our eyes and ears to the ground. We have researched other areas where new tracks have been built and watched the development of those areas.

We have been watching and waiting for the approval a track in the Western PA vicinity. After touring the Lawrence County area several times, researching the current pricing and looking at land we have come to a few guarded projections.

First of all, land values are already rising on the key commercial development sites and will continue their climb as one piece after another is listed and sold. Farm prices have been rising slowly in the last few years and still selling even in the current market slump.

Secondly, when it comes to desirable properties the old saying still goes, “location, location, location.” Routes 422, 224, 208, 60 and 551 will be the center of the development.

If you currently own a property that you consider to be close to the track and if you are wondering about the property’s current market value then please contact us. Our team of land, farm and commercial real estate specialists will guide you through the process and help you determine the current market value. This service is free. Call us at 724-283-5600 or email us at info@wesellhorsefarms.com.

If you are seeking a property in the new racino area please look at the links below or contact us about other properties about to come on the market.

Lawrence County

Germanski Road Farm
109 Germanski Rd

2260 State Route 208 - 694830
New Lawrence County Racino is less than 5 minutes away. Property is right off Rt 60 and perfect for hotels, motels, retail, commercial, industrial, or horses depending on re-zoning.

2521 State Route 208 - MLS# 698483
Custom built cedar home w/ wrap around porch.  Beautiful view from every direction! Quality throughout, hardwood floors, spacious family room, master suite w/ bath & more. All electric home, energy efficient. Must see property, suitable for horses, level w/ approx. 20 acres tillable & 4-5 wooded.

ROUTE 422 COMMERCIAL PROPERTY - MLS# 710251

South Brent Rd - MLS# 665878
Mostly cleared, some woods, slight roll.Owners will custom build high end horse facility. Location close to Grove City Outlets and I79.

1721 Brent Rd - MLS# 665889
Perfect horse property. Level, cleared and planted with hay. Owners will consider subdivide. Prime.

Butler County

801 New Castle Road - MLS # 692711
All brick with indoor pool and deck that wraps around three sides of the home. Large brick out-building could be used as garage or barn. 10+ acres are open and beautiful.

Mercer County

1150 Oak Hill Lane - MLS# 687068
Majestic Country estate high above it all & away from city life yet only mins to shopping & I-79, horse friendly, inground pool, Det 5 stall garage could be a great stable.

Orchard - MLS# 694481
Exceptional farm with gently rolling land.120 x 80 open expanse pole barn, could be indoor arena. 2 other pole buildings. 3 bay garage, miles of fence.